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Calculate the yield to maturity (YTM) for Intel's following bond Issue. This will give you an annual pre-tax cost of debt (for this bond issue).
Calculate the yield to maturity (YTM) for Intel's following bond Issue. This will | |||
give you an annual pre-tax cost of debt (for this bond issue). | |||
Years until maturity | 16 | ||
Annual coupon rate | 4.40% | ||
Bond price (% of par) | 105.70 | ||
Face value | $ 1,000 | ||
Coupons per year | 2 |
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